Figure 6-1
-In Figure 6-1,a movement from point B to point C could be explained by
A)an increase in the price level.
B)a decrease in the price level.
C)the start of a short-term war.
D)the real-balance effect.

Question

Figure 6-1 
-In Figure 6-1,a movement from point B to point C could be explained by
A)an increase in the price level. 
B)a decrease in the price level. 
C)the start of a short-term war. 
D)the real-balance effect.

Quizplus · Accepted Answer

The Answer of Figure 6-1 
-In Figure 6-1,a movement from point B to point C could be explained by
A)an increase in the price level. 
B)a decrease in the price level. 
C)the start of a short-term war. 
D)the real-balance effect.

Figure 6-1 -In Figure 6-1,a Movement from Point B to Point C